Bitcoin dropped below $100K for the first time since June on Tuesday; ETH also fell as much as 15% on Tuesday, and many altcoins are down 50%+ this year (Bloomberg)

Bloomberg's Caroline Hyde and Ed Ludlow highlight the recent decline in tech shares amid rising concerns about the sustainability of the AI rally. They also analyze earnings reports from companies like Palantir, Uber, Spotify, and Grab. Additionally, the world's largest sovereign wealth fund has voted against Tesla's proposed pay package for CEO Elon Musk.

Super Micro's Q1 revenue fell 15% year-over-year to $5 billion, missing estimates of $6.09 billion. The company also forecasted a Q2 profit below expectations, leading to a more than 9% drop in its stock after hours.

AMD has reported a 36% year-over-year increase in Q3 revenue, reaching $9.24 billion, surpassing estimates of $8.7 billion. The data center revenue also saw a rise of 22%, totaling $4.3 billion. However, the company has forecasted Q4 revenue to be below the highest projections, which has left some investors cautious.

IBM has announced plans to reduce its workforce by a low single-digit percentage in the fourth quarter, which will impact thousands of employees. As of the end of 2024, the company employed around 270,000 workers, highlighting the significant scale of this decision as it shifts focus towards software growth.

Amazon has issued a cease-and-desist order to Perplexity, demanding that it stop allowing Comet to make purchases on behalf of users. The tech giant accuses Perplexity of engaging in computer fraud, raising concerns about the implications of AI in online transactions.

Paris prosecutors have launched an investigation into TikTok's algorithm and its compliance with regulations regarding the monitoring and reporting of suicide-related content. This inquiry follows a recent French government report highlighting concerns about the platform's ability to manage harmful content effectively. The outcome of this investigation could have significant implications for TikTok's operations in France and potentially influence how social media platforms handle sensitive issues globally.

The launch of a real-time cryptocurrency data pipeline marks a significant advancement in digital asset monitoring. This innovative platform utilizes technologies like Kafka and MongoDB to efficiently track and store price data for major cryptocurrencies such as Bitcoin and Ethereum. This development is crucial for investors and analysts, as it provides timely insights into market trends and enhances decision-making in the fast-paced world of digital assets.

Spotify has reported a strong Q3 performance, with revenue rising 12% year-over-year to €4.3 billion, surpassing estimates. The number of subscribers also grew by 12% to reach 281 million, while monthly active users increased by 11% to 713 million. This growth is significant as it reflects Spotify's ability to attract and retain users, which is crucial for its ongoing success, especially as the company approaches a leadership transition.

Hannah Cleary is making waves in pharmaceutical research, where she finds joy in bridging science and clinical care. Her work on novel drug delivery systems, particularly long-acting injectables, allows her to witness the tangible impact of her research on patient care. This intersection of innovation and healthcare is crucial as it enhances treatment options and improves patient outcomes.

MoEngage, a customer engagement service, has successfully raised $100 million in a Series F funding round led by Goldman Sachs Alternatives, bringing its total funding to $250 million. This significant investment highlights the growing confidence in MoEngage's potential, especially as it plans to ramp up its investments in artificial intelligence. This funding will not only support MoEngage's global expansion but also enhance its capabilities in AI, which is crucial for staying competitive in the rapidly evolving tech landscape.

The article discusses the evolving landscape of software engineering, highlighting how the rise of AI is changing the way we write code. While some fear job loss due to automation, the piece emphasizes a deeper concern: the loss of 'flow' in the creative process of coding. This shift matters because it reflects broader changes in technology and creativity, prompting a reevaluation of how we engage with our work and the tools we use.

The new guide on unlocking data relationships in Tableau is a game-changer for businesses looking to enhance their decision-making processes. By focusing on correlation analysis, this resource empowers users to uncover meaningful insights from their data, ultimately leading to better strategic choices. It's essential for anyone aiming to leverage data effectively in today's competitive landscape.

Exploring AWS can be daunting for programmers, especially when it comes to understanding networking concepts like VPCs and subnets. Many developers find these terms intimidating, akin to solving a puzzle without a clear picture. However, this article highlights the common struggle and emphasizes the importance of simplifying these concepts to make cloud networking more accessible. By breaking down these ideas, it not only aids in comprehension but also fosters a more inclusive environment for learning and collaboration in the tech community.

A new modular architecture package for Laravel applications has been released, allowing developers to organize their code into independent, reusable modules. This innovation simplifies the development process by enabling automatic discovery of modules, which can significantly enhance productivity and maintainability. It's a game-changer for Laravel developers looking to streamline their projects and improve code organization.